Google Is Now Shopping For A Groupon Clone [RUMOR]

Posted Dec 21, 2010

Google Inc. (NASDAQ:GOOG) is now searching for a Groupon clone to buy-out. Groupon recently turned down a $6 billion offer from Google. This rumor implies that Google is getting desperate to penetrate the local coupon shopping market. Google may even consider looking into the next largest players in the group coupon list: LivingSocial and BuyWithMe. BuyWithMe has not confirmed whether they are in discussions with Google, but BuyWithMe interim president David Wolfe said that he believes Google needs to enter the market as it is the only effective model so far in attracting smaller retailers. [NYPost]